Guidance Capital Inc. Buys New Shares in iShares GNMA Bond ETF $GNMA

Guidance Capital Inc. bought a new stake in iShares GNMA Bond ETF (NASDAQ:GNMA) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 16,484 shares of the company’s stock, valued at approximately $736,000. Guidance Capital Inc. owned about 0.19% of iShares GNMA Bond ETF as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in GNMA. Procyon Advisors LLC bought a new position in iShares GNMA Bond ETF in the third quarter valued at $2,259,000. Chapman Financial Group LLC bought a new position in iShares GNMA Bond ETF in the second quarter valued at $1,129,000. Raymond James Financial Inc. increased its stake in iShares GNMA Bond ETF by 56.3% in the second quarter. Raymond James Financial Inc. now owns 60,995 shares of the company’s stock valued at $2,681,000 after acquiring an additional 21,977 shares during the last quarter. Evanson Asset Management LLC bought a new position in iShares GNMA Bond ETF in the fourth quarter valued at $951,000. Finally, Prosperity Planning Inc. increased its stake in iShares GNMA Bond ETF by 7.2% in the fourth quarter. Prosperity Planning Inc. now owns 286,406 shares of the company’s stock valued at $12,757,000 after acquiring an additional 19,297 shares during the last quarter.

iShares GNMA Bond ETF Stock Performance

NASDAQ GNMA opened at $44.60 on Wednesday. The company has a 50-day simple moving average of $44.63 and a two-hundred day simple moving average of $44.59. iShares GNMA Bond ETF has a 12-month low of $42.72 and a 12-month high of $45.49.

iShares GNMA Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, April 7th. Shareholders of record on Wednesday, April 1st were given a dividend of $0.1516 per share. This represents a c) annualized dividend and a yield of 4.1%. The ex-dividend date was Wednesday, April 1st.

iShares GNMA Bond ETF Profile

The iShares GNMA Bond ETF (GNMA) is an exchange-traded fund that is based on the Bloomberg U.S. GNMA Bond index. The fund tracks a market-value-weighted index of US mortgage pass-through securities issued by Government National Mortgage Association (GNMA), with 30- or 15-year maturities. GNMA was launched on Feb 14, 2012 and is managed by BlackRock.